$433,082

Built around 1910, this apartment building combines historical character with a solid building structure and offers an ideal basis for a long-term investment. On a generous plot of around 2,420 m², the residential building with a full basement has six residential units and a total living space of around 417 m². The residential building is divided into four 2-room apartments and two 3-room apartments and is currently fully let. The building was extensively renovated between 1996 and 1998. Heating is provided by central oil heating. Parts of the furnishings are in need of renovation, which gives the new owner the opportunity to increase living comfort and thus also rental income through targeted modernization measures. The property is complemented by a practical outbuilding and a garage. Two unpaved driveways provide easy access to the inner courtyard. The large, communal garden creates a pleasant living environment and offers potential for future design or expansion measures. Particularly noteworthy is the walking distance to Lake Beetzsee and local recreation areas - an additional locational advantage that boosts long-term rentability. The monthly rental income currently amounts to around € 2,039.93, which corresponds to a total annual rent of around € 24,479.16. With an average rent of just € 4.94 per square meter, there is significant potential for rent increases. The current purchase price factor is an attractive 15 and thus offers a solid basis for a sustainable investment. This residential ensemble combines stable income with development prospects. Note: Once you have completed your contact details, the exposé will be sent fully automatically. Please contact us for further information and a viewing appointment.

Amenities

• Bedrooms: 0
• Full Bathrooms: 6
• Partial Bathrooms: 0
• Property Type: Residential
• Home size: 4,488 ft² / 416.95 m²
• MLS: 25165046
• Status: Active